It is a special kind of lottery where participants choose lucky numbers from a dealer, point of sale, or a lottery station in Vietnam. It differs from the traditional lottery in that players can select lottery sheets featuring fixed numbers. Then the lottery machine chooses a computerized number and lets the player enter their desired lucky numbers.
With the technological revolution, new ways to play the lottery in Vietnam have emerged. Online lottery is also popular now that almost every Vietnamese owns a smart device. Besides long-time gamblers, even newcomers have started accessing the best lottery sites at a rapid pace. A reduction in the cost of smartphones has contributed to the growth of online lottery. Payment for online lotto tickets is getting easier by the day, so players can manage their bets and enjoy a myriad of benefits.
Future of lottery in Vietnam
Even though online gambling, including online lottery, faces some restrictions in Vietnam, there are mixed opinions regarding the industry. Since 1995, the legislators have held discussions to lessen the charges associated with illegal gambling. The penalties were clarified in 2009 and a similar dialogue followed in 2013. This time, the proposal to legalize local casinos was repressed immediately.
In June 2018, a bill that legalized sports betting was passed by the National Assembly. It was followed by another decree that allowed football, horse race, and greyhound betting. With the current influence from more developed nations like Singapore which has a well-regulated gambling sector, Vietnam’s lottery may transform economic welfare.
This will only be possible if the government agrees to enhance the online gambling infrastructure. Vietnamese citizens have stopped perceiving lotteries as a social evil. As more and more people are becoming interested in the lottery, the government may decide to legalize online lottos and leverage the revenue generated.